Re: New owner/landlord isn't cashing rent checks

Posted by raid930 on 2017/10/10 22:29:08
Quote:

MonmouthMan wrote:
do you think I'm stupid? You want him to pay me after I leave the property?


Calm down, the person specifically mentioned having it transferred to escrow. Escrow is where the money is transferred to a neutral 3rd party who then distributes the money once the agreed upon conditions are met. It's not like the land lord can stomp in and take the money back and be like "nahhh, jk jk". That's the beauty of an escrow service, the neutral 3rd party is key.

Quote:

MonmouthMan wrote:
Not five minutes after meeting the new owner he said that he would maybe consider offering people a couple of months rent to move out. I told him I would move for $100,000 and six months to move. And I walked away. My rent is only 750 a month by the way for my own little studio with a washer dryer in the basement. 30 months rent is only roughly $22,500 that ain't shit


$22,500 and 90 days actually sounds quite reasonable to me, especially for a place that's only $750 a month. If it took you so little effort to find it, chances are you can find something in that range again, and if $22,500 isn't "shit" to you, then clearly you have the cash to spend an extra $100 a month to find something close.

$100k and 6 months isn't an opening argument as much as it is a statement that you are unwilling to negotiate something reasonable, and of course any counter offer on their part would seem crazy to you if that was your opening bid.

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